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Dusit International says internal conflict not affecting operations
Molpasorn Shoowong, Published on 16/05/2025
» SET-listed Dusit International confirmed that the internal conflict within its major shareholder, Chanut and Children Co, owned by the heirs of the company’s founder, should not impact the company’s operations or lead to a trading suspension on the market.
Panel to discuss stimulus measures on Monday
Wichit Chantanusornsiri, Published on 16/05/2025
» New economic stimulus measures will include short-term investment initiatives, spanning four to five months, designed to sustain economic growth of at least 2% this year, according to finance permanent secretary Lavaron Sangsnit.
Thailand's fuel consumption ticks up y/y in Q1
Published on 16/05/2025
» Thailand's fuel consumption rose by 1.3% year-on-year to 158.6 million litres per day (MLD) in the first quarter, with diesel and gasohol usage falling, in line with economic circumstances in early 2025, says the Department of Energy Business.
Premchai, 14 others report to police over Bangkok tower collapse case
Published on 16/05/2025
» Premchai Karnasuta, president of Italian-Thai Development Plc (ITD), and 14 other people reported to police on Friday over criminal charges in connection with the collapse of the State Auditing Office skyscraper in Bangkok that resulted in 92 deaths.
Singapore Airlines to pay staff over 7 months’ bonus
Published on 16/05/2025
» Singapore Airlines will reward employees with a profit-sharing bonus worth over seven months after delivering full-year net income of S$2.78 billion (71 billion baht) that beat analyst estimates.
17 arrest warrants issued over SAO building collapse
Gary Boyle, Published on 16/05/2025
» The Criminal Court on Thursday approved arrest warrants for 17 people, including construction tycoon Premchai Karnasuta, in connection with the collapse of the 2.1-billion-baht State Audit Office building in Bangkok.
Senate panel demands referendum on casino bill
News, Post Reporters, Published on 16/05/2025
» A Senate special committee examining the proposed casino-entertainment complex bill has called for a referendum on the controversial project, warning the draft bill may contravene the constitution if passed into law.
CPF records profit surge of 642% to B8.55bn in Q1
Business, Published on 16/05/2025
» Charoen Pokphand Foods Plc (CPF), an agro-industrial and food conglomerate, reported a record-breaking performance in the first quarter with a net profit of 8.55 billion baht, up 642% year-on-year.
Thai ESG X to draw 40% of LTF capital
Business, Nuntawun Polkuamdee, Published on 16/05/2025
» High-income investors are likely to shift their long-term equity fund (LTF) investments to Thai ESG Extra (ESG X) funds, with roughly 40% of the 150-160 billion baht worth of outstanding LTF capital migrating to these new funds, say fund managers.
Major players post bumper Q1 profits
Business, Yuthana Praiwan, Published on 16/05/2025
» Major energy firms managed to reap profits in this year's first quarter, despite a global economic slowdown and geopolitical conflicts.